Definition: China's population aging is accelerating, which objectively requires the accelerated development of aging industries, including pension finance. At the same time, the increase in income and the abundance of time have increased the demand for financial products by the elderly population. Many elderly people began to pay attention to financial hot spots, and at the same time slowly and selectively joined in financial investment activities. The elderly pay attention to and invest in wealth management products, mostly for profit, but also for entertainment, making friends and killing time.

Development status:

Judging from the development of financial services for the elderly, it is still in the initial and exploratory stage, and the financial services for the elderly have not been fully developed, nor have they been standardized and industrialized.

Business scope:

For example, financing loans for the elderly, medical insurance for the elderly, real estate for the elderly, and tourism for the elderly are all in the initial stage of development. I often see people setting up stalls on the roadside and even selling investment and wealth management products at home, and I often hear the news that the elderly are cheated. This also shows from another side that we should vigorously develop the financial business for the elderly and promote its industrialization and standardization.